Analysis News From SoundCloud’s $218m+ revenues to Snoop Dogg’s $44m+ worth of NFTs: It’s MBW’s Weekly Round-Up The biggest stories of the week – and why they matter
News Barry McKee, Warner Chappell Music UK’s Head of Administration, passes away, aged 59 McKee had worked at WCM for more than 30 years
News Avex USA and Sony Music Publishing strike global administration deal SMP will provide worldwide administration services (ex. Japan) to Avex USA’s catalog and roster
News Sony Music Publishing has a new head of US A&R: Walter Jones joins firm in EVP role Jones was most recently Co-Head of A&R at Universal Music Publishing Group
News Universal partners with Marc Geiger-backed NFT platform Curio to develop NFTs for its global artists and labels UMG becomes the first major music company to collaborate with Curio
News Riptide Music CEO Keatly Haldeman exits, launches Web3 music sync licensing platform, Dequency Firm has already raised $4.5m through an investment round led by Borderless Capital
News BMG acquires music interests of blues icon John Lee Hooker The acquisition is the latest in a string of recent deals completed by BMG to acquire rights from superstar musicians
News After partnering with Universal, Aerosmith strike global brand management deal with Epic Rights Universal's merchandising arm Bravado fully acquired Los Angeles-based Epic Rights for an undisclosed sum in 2019
News Kid Cudi co-founded AR music app Encore launches with $9m in funding Funding round was led by Battery Ventures
News Round Hill’s UK fund has acquired 5,600 songs since July, paying an average multiple of 17.9x Fresh information revealed in London Stock Exchange-traded fund's new filing
News Tracklib strikes licensing deal with BANDAI NAMCO to bring anime music samples to producers BANDAI NAMCO is also an operator of the music label Lantis
News Reservoir has $3bn worth of deals in ‘pipeline’ and expects to spend $200m+ on M&A during first year as public firm Reservoir Media has published the financial results for its fiscal Q3 2022 (calendar Q4 2021), ended December 31, 2021
News Snoop Dogg acquires Death Row Records from MNRK Music Group 'I am thrilled and appreciative of the opportunity to acquire the iconic and culturally significant Death Row Records brand,' says Snoop Dogg
News Music funding platform beatBread raises $34m BeatBread offers advances ranging from $1,000 to $2 million per artist
News A new firm just raised over $100m to buy film and TV music rights – and it’s already made its first big acquisition Catalog includes the film and TV music scores for Fantastic Beasts, the Hunger Games Trilogy, The Dark Knight, Maleficent and more